subject: 09 India's Agricultural Markets To International Agricultural Giant Eyes [print this page] 09 India's Agricultural Markets To International Agricultural Giant Eyes
Indian Commerce and Industry Association released its official website the information that India is not only the world's second most populous country, is also the agricultural producing countries, the agricultural population accounts for 72% of the population, per capita arable land 3.6 acres, the main crops include wheat, rice, beans class, cotton, peanuts, fruits and vegetables. Now, India has more than farming area of the United States, the world's largest irrigated arable land. These facts showed that mechanization of agriculture in India is very necessary, very necessary and the world Cooperation And exchanges. The website published data show that in 2008 India Agricultural Machinery Total market value of about 7.3 billion U.S. dollars. Infrastructure support by government policy, interest rate and the influx of private capital and other positive factors, the market growth in 2009 up to 5% of the total will reach 7.68 billion U.S. dollars; and 2010, this number will further increase to 8 billion dollars.
China's agricultural export trade of India has recently witnessed a growth trend, the judgments are posted on the website of China Customs data support. Data show that in 2000, China's agricultural exports to India was only 5.9905 million U.S. dollars; to 2007, that number has more than 200 million U.S. dollars. However, along with the growth of trade volume, China's agricultural products market share in India has witnessed relative decline. According to India's "Economic Times" reported that after the year 2000, the Indian tractor farm machinery imported from China have occupied about 15% local market share, once caused panic in local agricultural production enterprises; while now, though, including when the wind often a group of Chinese agricultural machinery including wood enterprises in the Indian market opened up a world, but China Agricultural Machinery Industry in India's market share has shrunk sharply. Analysis, said the formation of such a situation the one hand, local agricultural industry in recent years by the Indian government, including preferential loans, including a series of policy support, quickly seized most of the local market; the other hand, since many years Since the United States, Britain, Italy, Spain, Japan and South Korea and other countries in the agricultural enterprises are optimistic and have a high profile to enter the Indian market. It is understood that John Deere, New Holland and Deutz, have been successfully break into the Indian market. Many Indian companies are also seeking foreign strategic partner. Agriculture Secretary Sang Jiefu
West Bengal, India? Chopra said the Government of India provides access customers to buy the International Organization for Standardization (ISO) certification of agricultural machinery can be subsidized. Thus, agricultural producers, such as access to ISO certification to enter the Indian market in the upper hand. We believe that China's agricultural production enterprises or should seize this opportunity to improve the quality and international standards, strengthen and further improve market share in India.
